Required prepare in appropriate format the government-wide


Question - Consider the following information for Cowboys Town for the year ended December 31, 2015.

Expenses - parking garage (enterprise fund)

$1,200,000

Expenses - general government

52,000,000

Expenses - public safety

36,000,000

Expenses - health and sanitation

15,000,000

General property taxes

62,000,000

Unrestricted grants and contributions

6,000,000

Interest on general long-term debt

420,000

Charges for general government services

20,000,000

Charges for parking services

1,300,000

Charges for public safety services

2,500,000

Charges for health services

8,100,000

State grants for public safety

4,000,000

Gain on sale of general capital assets

200,000

Investment income - governmental activities

210,000

Net assets, 1/1/2015 - governmental activities

120,000,000

Net assets, 1/1/2015 - business-type activities

40,000,000

REQUIRED: Prepare, in appropriate format, the government-wide statement of activities for Cowboy Town for the year 2015.

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Accounting Basics: Required prepare in appropriate format the government-wide
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